*? *Trading Focus *?
*Crypto Derivatives Series II: Options w/ Laevitas

- In Part II of this Crypto Derivatives Series with Laevitas, we explore the world of options. These instruments offer investors flexibility in hedging and speculation unachievable in other financial derivatives via their complexity.

- Despite their popularity in traditional markets, options have faced some adoption headwinds in crypto, particularly in DeFi, especially when compared to perpetual futures. In this tough environment, a few players stand out, notably Deribit which as an exchange has dominated options volumes in crypto, as well as Paradigm, which has become a go-to platform for institutional derivatives trading.

- Finally, we are lucky to share insights from the most prominent names in the crypto options scene:
?Luuk Strijers: CEO of Deribit
?Anand Gomes: CEO of Paradigm and Paradex
?Joshua Lim: Co-Founder of Arbelos Markets
?Jun-Young Heo: Derivatives trader at Presto Labs

Read the full article (link)

www.prestolabs.io

Crypto Derivatives Series II: Options | Presto Research

Trading Focus - Laevitas Partnership

*?️Daily Market Brief -15 AUG 24*

■ Despite the NASDAQ and S&P 500 reversing an early sell-off and ending the day in the green, $BTC continued its sell-off after the CPI print. As of now, $BTC is trading at $58,141, down from $61.8k before the print, and $ETH is at $2,662, down from $2.8k before the print.

■ July's CPI increased by 2.9% YoY as expected, marking the first time since 2021 that it has fallen below 3%. Nick Timiaraos tweeted that a September rate cut is 100% certain but noted that “something bad in the labor market” would be needed for a 50bps rate cut. Currently, the market is pricing a 36% chance of a 50bps rate cut, down from 53% a day ago.

■ In other news, Coinbase is set to launch cbBTC soon, Andre Cronje has officially become the new CTO of Sonic Labs, and $ATH was listed on Upbit and Bithumb.

■ During the last 24 hours, the top three gainers were $AAVE, $TON, and $ATH, while the top three losers were $MEW, $TIA, and $MOG.

Full Report: https://www.prestolabs.io/research/daily-market-brief-240815

www.prestolabs.io

Daily Market Brief 240815 | Presto Research

DOJ’s $600M BTC Move Spooks Market (Again)

? Presto Research Twitter Launch ?

Excited to announce that Presto Research is launching its official Twitter account today!

Until now, we’ve been sharing our insights under the Presto account, but now you can find us directly @PrestoResearch.

We’ll be posting not only our in-depth research but also exclusive short content for our Twitter followers.

Our research offerings include:

? Daily Market Brief*? *Weekly Hot Take*? *Blockchain Focus*? *Trading Focus
?* *Asia Focus

Make sure to follow both accounts, @Presto_Labs and @PrestoResearch on ?

For more channels: linktr.ee/prestoresearch

X (formerly Twitter)

Presto Research (@PrestoResearch) on X

Cutting-edge crypto research. Research Division of @Presto\_Labs. Don't miss: https://t.co/DL5K5iLTSN

*?️Daily Market Brief -08 AUG 24*

■ After the $BTC’s rebound to $57.6k, the crypto market retraced some gains during European hours. $BTC is now trading at $55,120, down 1.7%, and $ETH is at $2,337, down 5%.

■ The BOJ's Deputy Governor Shinichi Uchida stated that the central bank will not hike interest rates during market instability, contradicting last week's hawkish comments by Governor Kazu Ueda.

■ In other news, Polymarket shows Harris leading Trump in the polls for the first time, Grayscale has launched new crypto investment trusts for SUI and TAO, and Ripple Labs ordered to pay $125M penalty in SEC case.

■ During the last 24 hours, the top three gainers were $POPCAT, $NEIRO, and $XRP, while the top three losers were $SAFE, $NOT, and $DOG.

Full Report: https://www.prestolabs.io/research/daily-market-brief-240808

www.prestolabs.io

Daily Market Brief 240808 | Presto Research

Ripple Comes Atop in Final Chapter of SEC vs. Ripple

*?️Daily Market Brief -07 AUG 24*
■ After Black Monday, both the crypto and equities markets have shown signs of recovery. The Nikkei 225, which dropped 12.4% on Monday, was up 10.23%, the Nasdaq rose by 1.03%, and the S&P 500 rose by 1.04%. In the crypto market, $BTC is now trading at $56,057, up 3.9%, and $ETH is trading at $2,461, up 1.9%.

■ On the Bitcoin ETF front, we observed a continuous outflow on Monday, with $IBIT recording zero inflows. However, on the ETH ETF side, there was a small net inflow of $48.8M.

■ Key headlines include Capula Management reporting $464M in Bitcoin ETF holdings, the CEO of the $STRK foundation stepping down, and Hyperliquid reaching a new all-time high in 24-hour perps volume.

■ During the last 24 hours, the top three gainers were $MEW, $DOG, and $NOT, while the top three losers were $MKR, $GAL, and $WEMIX.

Full Report: https://www.prestolabs.io/research/daily-market-brief-240807

www.prestolabs.io

Daily Market Brief 240807 | Presto Research

Yen Carry Trade Unwinding: Are We There Yet?

*?️Daily Market Brief -06 AUG 24*
■ Amidst a massive sell-off in both equities and crypto markets, the Nikkei 225 plummeted by 12.4%, with Robinhood halting its 24-hour trading session in pre-market due to volatility. The S&P 500 is down 3%, and the Nasdaq dropped by 3.43%. $BTC briefly fell below the $50k mark but has rebounded to $53,979, while $ETH is down 10.1%, now trading at $2,415.

■ As investors unwind the Yen carry trade, the Nikkei 225 experienced its worst day since 1987, dropping 12.4% in a single day. The market is now pricing in more than a 90% chance of a 50bps rate cut in September, with some speculating about a potential emergency rate cut before the scheduled meeting.

■ Key headlines include AAVE profiting $6M from liquidations, BlackRock's Spot BTC ETF $IBIT hitting a trading volume of $2.2B, and Zircuit announcing the launch of Mainnet Phase 1.

■ During the last 24 hours, the top three gainers were $TRIBE, $SATS, and $HNT, while the top three losers were $POPCAT, $W, and $AEVO.

Full Report: https://www.prestolabs.io/research/daily-market-brief-240806

www.prestolabs.io

Daily Market Brief 240806 | Presto Research

Will the Last Week’s BOJ’s Rate Hike Force the Fed’s Hand?